Instrument: EURUSD
Bullish Preference:
Buy position is envisaged if price trades above 1.08966 with take profit at 1.09091
Bearish Preference:
Sell position is envisaged if price trades below 1.08490 with take profit at 1.08346
Fundamentals:
None with Expected High Impact
Comment:
The dollar struggled to regain some footing on Monday as markets took stock of cautious remarks from Federal Reserve Chair Jerome Powell and awaited a key employment report later in the week that could influence the outlook for U.S. interest rates.
Analysis: SCRUM Team